Louisiana State Employees Retirement System grew its position in shares of Harley-Davidson, Inc. (NYSE:HOG – Get Rating) by 1.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,300 shares of the company’s stock after acquiring an additional 700 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Harley-Davidson were worth $1,662,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. CIBC Asset Management Inc boosted its holdings in shares of Harley-Davidson by 4.1% during the fourth quarter. CIBC Asset Management Inc now owns 6,591 shares of the company’s stock valued at $248,000 after acquiring an additional 262 shares during the period. Synovus Financial Corp boosted its holdings in shares of Harley-Davidson by 1.4% during the fourth quarter. Synovus Financial Corp now owns 19,603 shares of the company’s stock valued at $743,000 after acquiring an additional 267 shares during the period. Xponance Inc. boosted its holdings in shares of Harley-Davidson by 1.8% during the first quarter. Xponance Inc. now owns 17,363 shares of the company’s stock valued at $684,000 after acquiring an additional 313 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Harley-Davidson by 4.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,760 shares of the company’s stock worth $292,000 after purchasing an additional 345 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Harley-Davidson by 6.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,573 shares of the company’s stock worth $248,000 after purchasing an additional 392 shares during the period. 91.69% of the stock is owned by institutional investors.
NYSE HOG opened at $32.43 on Friday. The stock’s 50-day moving average price is $34.09 and its two-hundred day moving average price is $36.87. The company has a current ratio of 1.34, a quick ratio of 1.12 and a debt-to-equity ratio of 1.78. The company has a market cap of $4.78 billion, a PE ratio of 8.17, a PEG ratio of 0.87 and a beta of 1.29. Harley-Davidson, Inc. has a 1 year low of $29.80 and a 1 year high of $46.18.
Harley-Davidson (NYSE:HOG – Get Rating) last posted its quarterly earnings data on Wednesday, April 27th. The company reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.07). The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.33 billion. Harley-Davidson had a return on equity of 27.07% and a net margin of 11.78%. Harley-Davidson’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.68 EPS. Research analysts forecast that Harley-Davidson, Inc. will post 4.16 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 17th. Shareholders of record on Thursday, June 2nd were issued a dividend of $0.157 per share. The ex-dividend date was Wednesday, June 1st. This represents a $0.63 annualized dividend and a yield of 1.94%. Harley-Davidson’s payout ratio is presently 15.87%.
Several research firms recently weighed in on HOG. DA Davidson began coverage on shares of Harley-Davidson in a report on Thursday, June 30th. They issued a “neutral” rating and a $35.00 price objective for the company. StockNews.com began coverage on shares of Harley-Davidson in a report on Thursday, March 31st. They issued a “hold” rating for the company. TheStreet raised shares of Harley-Davidson from a “c+” rating to a “b” rating in a report on Wednesday, April 27th. Robert W. Baird reduced their price objective on shares of Harley-Davidson from $60.00 to $55.00 and set an “outperform” rating for the company in a report on Thursday, April 28th. Finally, Northcoast Research reiterated a “neutral” rating on shares of Harley-Davidson in a research report on Tuesday, May 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Harley-Davidson presently has an average rating of “Hold” and a consensus target price of $46.62.
Harley-Davidson Company Profile (Get Rating)
Harley-Davidson, Inc manufactures and sells motorcycles. The company operates in two segments, Motorcycles and Related Products and Financial Services. The Motorcycles and Related Products segment designs, manufactures, and sells Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, as well as motorcycle parts, accessories, apparel, and related services.
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